Give a KIS to your INVESTMENTS...

Give a KIS to your Mutual Fund  INVESTMENTS...

 KIS - "KEEP IT SIMPLE"..🎯

I have observed many individuals accumulating  dozens Mutual Fund Schemes in their portfolio. 

My sincere advise to them is to have Five Schemes based on their Goals🥅,  Risk profile📈 and Time Duration⏰

If you possess huge number of Mutual Fund schemes then generally it becomes difficult for you as an investor to keep a track on the respective schemes. 

Always, be aware of the fact that 

LESS IS MORE... 💰

The LIM concept is based on value of simplicity and clarity, which implies that having less can help you add more value.

If erroneously,  you have accumulated too many MF schemes, then here are few helpful steps to reduce the number of Mutual Fund schemes in your Portfolio:

1) Create a portfolio with OPTIMAL ASSET MIX based on your Goals🥅,  Risk profile📈 and Time Horizon ⏰. 

2) Check out the schemes which are not aligning with your financial goals and objectively REDEEM it.

3) Avoid/Remove or Redeem schemes that has overlapping investments (Having multiple schemes within the same category).

4) Review and evaluate your portfolio atleast yearly once and Eliminate consistent underperformers 📊

5) Avoid adding NFOs, Lured by advertisements📺  or any other form📲

The above steps if followed, shall definitely help you generate better returns from  Mutual Funds investments.....

“The strongest of all warriors are these two—Time and Patience.” Leo Tolstoy 

Needless to say, Give TIME ⏰and PATIENCE🌱 to your investments💰

Give a KIS to your INVESTMENTS...

KEEP IT SIMPLE.... 

If in doubt,  feel free to whatsapp me.. 

Take care and Happy Investing 🙂